Research Article
[Retracted] New Environmental Protection Taxes in China from the Perspective of Environmental Economics
Table 2
Bayesian estimation results.
| ā | Prior mean | Post. Mean | 90% | HPD interval | dist | pstdev |
| Parameters | rhoa | 0.85 | 0.8926 | 0.8427 | 0.9401 | Beta | 0.05 | rhog | 0.95 | 0.9739 | 0.954 | 0.9927 | Beta | 0.05 | rhot | 0.45 | 0.4291 | 0.357 | 0.4985 | Beta | 0.05 |
| std of shocks | e_a | 0.01 | 0.006 | 0.0049 | 0.0071 | invg | Inf | e_t | 0.01 | 0.0328 | 0.0264 | 0.0385 | invg | Inf | e_g | 0.01 | 0.0648 | 0.0503 | 0.0798 | invg | Inf |
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